Fashion
CSE Global H2 net profit dips 1.7%, dragged by US$8 million settlement
[ad_1] SYSTEMS integrator CSE Global’s earnings slipped 1.7 per cent year on year to S$11.3 million in H2 FY2024 ended December, weighed down by an arbitration settlement of US$8 million.The...
Hong Leong Asia H2 net profit rises 12.2% to S$38.2 million
[ad_1] HONG Leong Asia reported a net profit of S$38.2 million for its second half ended Dec 31, 12.2 per cent higher than the S$34.1 million recorded in the year-ago...
Indonesia, home to giant gold mine, launches bullion banking
[ad_1] INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east Asia’s largest economy.
The region’s largest gold...
Billionaires should do more to list their businesses on SGX.
[ad_1] LAST week, there was a raft of measures unveiled to spur equities market development here.A S$5 billion equity market development programme is being launched, under which the Monetary Authority...
Maybank Q4 profit rises 6.1% to RM2.5 billion
[ad_1] MAYBANK’S net profit for the fourth quarter rose 6.1 per cent to RM2.5 billion (S$764 million), supported by improved regional economic conditions, the bank said on Wednesday (Feb 26).Malaysia’s...
China says Taiwan seeks to give away chip industry to US
[ad_1] China said on Wednesday (Feb 26) that Taiwan was seeking to give away the island’s semiconductor industry to the United States as a “souvenir” and leverage it to seek...
From origins to turmoil: The CDL story
[ad_1] 1963: City Developments Ltd (CDL) begins operations with eight staff in a small, rented office at Amber Mansions and was listed on the Malayan Stock Exchange in November 1963.1966:...
China to start bank recapitalisation with at least 400 billion yuan
[ad_1] CHINA plans to start re-capitalising several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last...
CDL CEO Sherman Kwek disappointed by father’s ‘extreme actions’ against him after suits filed
[ad_1] CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our esteemed chairman”, responding to moves by his...
HSBC names Asia country, banking heads in CEO’s major revamp
[ad_1] HSBC Holdings gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers. Peter Kim was appointed head of banking on top...
